Cementos Lemona EUR 3.53m 1Q net profit

12 May 2005

Spanish cement maker Cementos Lemona posted a net profit of EUR 3.53m (US$4.54m) for the first quarter 2005, a surge of 58.3% YoY, the company said. The revenue of the cement maker totalled EUR23.5m up 21 per cent. EBITDA of the company reached EUR7.7m, soaring 57.8 per cent.

Sales stood at 182,226t over the period, up 15.7 per cent. Domestic sales remained nearly unchanged from the respective period of 2004, while exports marked a significant increase, according to the company. Cementos Lemona did not provide detailed figures on domestic sales and on exports.